Topic: Bitcoin will reach $100k within 5 years from now - page 2. (Read 4662 times)

Why should be 100k if someone predicts 1 million in the end of year 2020 LOL. I do not know it is true or not but we do need a bit of motivation or encouragement so that the circumstances are not flat or without a festive.
some famous people already say with their own prediction,varies from 50k to 1million$ 

They are pseudoanonymous. Almost every onboard and offboard ramp is 100% KYC. Difficult to stay anonymous anymore. Hopefuly a better LN integration and more anonymity on the base layer will help with that in the future.

Five years is a long wait and many things can happen, So for now if we remain supportive of bitcoin I'm sure there are good consequences that could raise bitcoin prices in the future, The only problem here is the government and banks because government and banks find it difficult to know if our transactions are legal because bitcoin transactions are anonymous.

I know it sounds foolish if to think or to expect beyond the reality we know the price of crypto use to increase with time and a good time can come so let’s hope for the best as much as I know bitcoin has potential to rise higher even in few months so it’s not bad to dream higher. This much pump would need time but it’s the world of crypto and anything can happen here.

That is just the way all the markets grow, if at some point buyers do not feel comfortable buying bitcoin at a price then the price goes down until it can find a balance between the buyers and the sellers and if you do not believe me we can find a good example on what it is happening in the market now, many are trying to find a fancy explanation for the price to go down but the most simple explanation is the lack of buyers at the prices we were seeing and this in return caused the decrease.

It is too far from reality. $100k per coin for me is impossible in the next 5 years, I am not that negative but I am just in a reality and not dreaming that bitcoin will reach that too huge amount for me in just 5 years. 50 years from now maybe it can happen LOL. We are just imagining things about bitcoin. Let's just be in the realistic way here and I think 5 years from now bitcoin is just the same as what we have right now. Maybe some improvements will happen in a payment way but about the value of it, I think it is just at the average of the price right now. Let's not assume too much.

That's certainly true, mate. We cannot know with certainty the future of Bitcoin, due to it's volatile nature. In a few years, Bitcoin could be worth either thousands or hundreds of dollars. Prices go up and down like a roller-coaster across the crypto market. The only way Bitcoin would reach astronomical levels in price is if there a lot of demand for it. I believe that such demand will be triggered by new trends like the Lightning Network, MAST, Schnorr Signatures, as well as, the block reward halving every 4 years. Once people realize that Bitcoin's scalable enough for the mainstream world (with cheaper fees and faster transactions per second), they'll buy it in mass across the market. This may take 5 years or more, depending on how long Bitcoin takes to scale for the world.

Personally, I wouldn't worry much about Quantum Computers destroying Bitcoin, since they're still in their initial steps. Bitcoin can easily reach consensus in order to adopt a defensive mechanism against Quantum Computing attacks. The way I see Bitcoin growing each day, is a true indication that it'll be much more valuable than what it is right now within the future. By next year, it's hoped that it would get past it's ATH of $20k per coin leaving Bitcoin in the $50k range. After that, $100k would be easily reachable if the market continues on a bull run. All in all, it's best to buy as much Bitcoin as you can before it rises back again to its former glory. Just my opinion

why don't they come in right now when the price isn't too high? I think precisely when the price of bitcoin is very expensive it will steal the world's attention to glance at bitcoin.
if the price of bitcoin is expensive, of course, we will be difficult to collect bitcoin, like bounties that are becoming extinct since bitcoin prices are expensive. one of which is to become a trader for us to still be able to collect bitcoin.

I'm actually a little worried if the price of bitcoin rises too expensive. This will make people in the outside of the crypto community going to be difficult or have objections to get in there. active in this forum are people who collect bitcoin / crypto. Try asking ourselves whether later we will still be able to collect bitcoin like now if the price is too expensive? I even prefer the price of bitcoin to be at 15k-20k usd. and I'm sure the price of bitcoin will not exceed 50k usd later ...

Many users have been worried about quantum computers for a long time and even if a government or a private company developed quantum computers that could break the cryptography of bitcoin, the same will true for the cryptography of banks and other companies, but there are already algorithms that are resistant to quantum computers and if it came to that the developers will upgrade bitcoin and make it resistant to an attack by those kind of computers.

I am really sick of these unrealistic predictions and just like this posts there were so many posts which made to this forum in 2017 and 2018 saying bitcoin will go to moon and $100k and all but in reality bitcoin is struggling to even touch the mark of $10k, We know that bitcoin will rise on a long term but nobody knows how long it will take and as mentioned in the recent post there might be some new threats to Bitcoin just like the quantum computers as well. It's still a rough path.

Bitcoin traders and long-term investors will certainly enjoy the results if in the next 4-5 years Bitcoin reaches $ 100k,
but don't think too much about the long term, we don't know how the future is, I'm worried about quantum computers from Google,
there are rumors that quantum computers in the future can to turn off Bitcoin, how terrible !,

Yes, that’s true and I think an investor should not have any concern with it but they only should buy as much as can today then make a plan and hold their coins for the long term. It’s certainly about crypto to see the huge price but as always said we will have to show patience and wait until we get our target. In 5 years the price of bitcoin will be high enough to give us a profit of 100k dollars and from recent, I can imagine 100k dollars in 4 or 5 years.

Agree. Bitcoin needs time in order to become heavily adopted by the mainstream world. With adoption, comes demand resulting in higher prices over the long term. I believe that price movement has been slow during the year, due to lack of interest among people worldwide. Something big and exciting needs to happen in order for Bitcoin to skyrocket in price like never before. The time frame of 5 years from now could be more than enough for Bitcoin to reach the specified goal of $100k per coin. With the next halving underway, as well as, the Lightning Network, Bitcoin could experience a greater level of demand within the mainstream world. People will realize the true benefits of Bitcoin with improved transaction speed, and cheaper fees. Then, Bitcoin will used as a currency more thoroughly resulting in higher demand over time.

Despite the many predictions made by people about Bitcoin's price in the future, it has been a solid cryptocurrency that has a proven track record of stability and reliability. It's not about the price in terms of USD, but rather its usefulness for decentralizing our economy as we know it. For the first time in history, people are able to conduct transactions worldwide without the need for middleman. This gives individuals over their own money. I believe that's more important than watching Bitcoin prices everyday with the hopes of getting rich from it.

Nonetheless, it's no secret that the crypto industry advances at a fast pace within a short amount of time. 5 years could be a lot for Bitcoin to improve and expand within areas that were never imagined. If 2017 was Bitcoin's best year yet, then expect the following years to be even better. Before you know it, Bitcoin will get past its latest ATH of over $20k per coin, leaving you with more money than you've initially invested. All in all, $100k per Bitcoin seems more realistic nowadays than $1m. Just my thoughts

We have the same belief, price will go up and dump but if you believe in the coins that you are supporting and the future of the market, you will just continue to buy and hold it, it used to be a gambling in the past if you keep hoarding coins, but after ten years it's worth it for preparation of the future of the coins you are supporting.

One international event that may help the price of bitcoin to reach those levels is if we saw a huge economic crisis that was many times bigger than what we were expecting this will destroy the confidence that people have in fiat and will help bitcoin to become more popular among people especially those that are skeptic about a currency that is not printed by a government, and people will finally understand why we need a currency that is independent from government control.

The way people are accepting bitcoin and accepting the concept of digital currencies, this is very much possible that in the next 3 or 4 years we see bitcoin as legal digital currencies all over the world because famous and multinational companies have started adopting it. People are often speculating about crypto banks as well. So if people can think about such stuff, there is no way they cannot do it practically.

Its a long time to predict bitcoin price .There will be many thing happen in near future to the world .But the way the price is rising from the past years it quietly predictable that it could go this level in the next five years .We just need to buy and full our bag in low price so that we can be profitable.

Looking at the crypto market, I think that there are too many obstacles to Bitcoin price growth. My forecasts for the future price of Bitcoin were optimistic, but now I think that it takes at least 4-5 years to raise the price of Bitcoin to $100,000. Perhaps we need to wait for halving in 2020, after which the next halving, then the price can reach $100,000 is quite realistic.

  I will also go with 50k dollars or more. I have no doubts in the potential of bitcoin but there are so many other factors that need to be considered before jumping to any conclusion. If bitcoin becomes legal after 5 years or in the time span of 5 years in all ruling states of the world economy, then are maximum chances of it going beyond 50k dollars. Otherwise it would take time to reach such big price.